4920 Jasper StMetairieLA70006
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices
Ziffy AI Summary
A quick, investor-focused snapshot highlighting income strength, yield potential.
| Key metrics | Value |
|---|---|
| Price | $399,900 |
| Est. Rent | $3,200/mo |
| ROI | 18% |
- Attractive rent-to-price ratio for income stability
- Good fit for DSCR financing with healthy coverage
Investment Highlights
Rental property for sale in Metairie at 4920 Jasper St, Metairie, LA, 70006 priced at $389,800 converts $2,526/mo rent into $2/mo cash flow after a $1,908/mo obligation. Total monthly income equals $2,526/mo, and annual cash flow totals $21/yr on $129,219 invested. Return on cash invested prints 19.93% in year one, and rental yield reads 7.78% against a $389,800 entry. Equity gained on principal adds $2,515/yr, while 5% annual appreciation compiles into $107,695 by year five. Five-year ROI reaches 103.31% and total cumulative return in cash sums $133,493. For leverage, Ziffy Mortgage’s DSCR loan bases approval on $2,526/mo property income covering a $1,908/mo payment, not borrower’s personal income.
Single Family
Built in 1970
N/A lot
$N/A/sqft
No HOA
Neighborhood Data
Neighborhood data shown for ZIP Code: 70006, Metairie, LA area.
Housing Distribution
Housing Statistics
| Category | Value |
|---|---|
| Total HU (Housing Units) | 7,026 (100%) |
| Owner Occupied HU | 4,080 (58.1%) |
| Renter Occupied HU | 2,300 (32.7%) |
| Vacant Housing Units | 646 ( 9.2%) |
| Median Home Value | $353,857 |
| Average Home Value | $409,112 |
Housing Distribution
Address Breakdown
Residential
6,786
Single Family
5,481
Multi-Family
1,305
Businesses
908
Nearby investment properties with comparable rents
Nearby investment properties with comparable prices